Lately market appears to go in one direction for 5-7 consecutive days and then turn into other direction, there by keeping the bullish channel intact. How long can this continue! Where is the tipping point?

Not much has changed in below, same action continuation.

Market found support near MA(50) and bounced right back up.

Bullish channel intact as can be seen from below weekly chart.

Market can continue to remain in bullish channel longer than most can expect and even break the channel to upside. BUT do not get complacent and DO NOT act on impulse.

What does it mean for our Investments?

Mutual Funds - Remain invested in equities along with continuation of SIP. If in cash/ liquid funds/ FDs then wait for next low risk entry.